ATX Financial Planning LLC purchased a new stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 26,230 shares of the company’s stock, valued at approximately $1,195,000.
Other large investors have also recently made changes to their positions in the company. Axxcess Wealth Management LLC boosted its position in shares of Putnam Focused Large Cap Value ETF by 80.5% during the 4th quarter. Axxcess Wealth Management LLC now owns 31,604 shares of the company’s stock worth $1,440,000 after purchasing an additional 14,093 shares during the period. Corient Private Wealth LLC increased its holdings in Putnam Focused Large Cap Value ETF by 76.6% in the 4th quarter. Corient Private Wealth LLC now owns 1,100,083 shares of the company’s stock valued at $50,134,000 after purchasing an additional 477,122 shares during the last quarter. Wealthspire Retirement LLC purchased a new stake in Putnam Focused Large Cap Value ETF in the fourth quarter valued at approximately $666,000. Beacon Pointe Advisors LLC raised its position in Putnam Focused Large Cap Value ETF by 376.7% in the fourth quarter. Beacon Pointe Advisors LLC now owns 53,047 shares of the company’s stock valued at $2,417,000 after purchasing an additional 41,920 shares during the period. Finally, NewEdge Advisors LLC acquired a new position in Putnam Focused Large Cap Value ETF during the fourth quarter worth $223,000.
Putnam Focused Large Cap Value ETF Stock Up 0.2%
PVAL opened at $51.41 on Friday. Putnam Focused Large Cap Value ETF has a 52 week low of $38.95 and a 52 week high of $52.13. The business has a fifty day simple moving average of $49.78 and a 200-day simple moving average of $47.80. The firm has a market cap of $10.45 billion, a P/E ratio of 17.86 and a beta of 0.84.
Putnam Focused Large Cap Value ETF Company Profile
The Putnam Focused Large Cap Value ETF (PVAL) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed, non-transparent ETF that provides exposure to large-cap value companies in the US. The fund utilizes the Fidelity non-transparent model. PVAL was launched on May 25, 2021 and is managed by Putnam.
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